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OPEC+ eyes a 411k bpd output hike in August—can WTI hold above $65 as demand weakens and triangle support faces pressure?
The energy giant has been weakened by years of mishaps and poor decisions, leading to rumors of a takeover that may not ...
Scale, innovation and disciplined execution help PTEN, RIG, and PDS stand out in a slumping drilling industry.
As Permian Basin crude oil production growth begins to moderate, operators active in the region may want to shift their focus ...
4d
Midland Reporter-Telegram on MSNPermian Basin sees continued drop in oil and gas rigs in 2025Oilfield services company Baker Hughes said Friday its weekly U.S. rig count sank seven rigs to 547, the lowest level since ...
BISMARCK – North Dakota’s oil production was at 1.171 million barrels per day in April, a slight decline from March when the ...
North America dropped six rigs week on week, according to Baker Hughes' latest North America rotary rig count.
The natural gas market is on the verge of a rapid increase in demand as heatwaves continue to sweep through key areas of the ...
11d
Midland Reporter-Telegram on MSNU.S. rig count falls for eighth straight week, hitting lowest level since 2021The number of rigs drilling for crude oil fell by one rig to 438 rigs, the lowest since October 2021 and 47 rigs or 10% below ...
Baker Hughes said oil rigs fell by six to 432 this week, also their lowest since October 2021, while gas rigs decreased by two to 109. In June, drillers cut 16 oil and gas rigs, putting the total ...
North Dakota oil production fell slightly in April, but gas production continued to grow, according to the state's top oil ...
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